Tag Archives: Skyrocket

JPMorgan says the market bottom is near as corporate buybacks skyrocket — here are 3 high-upside stocks to play that bullish sentiment Stocks have fallen quite a bit in 2022. If you are wondering where the market bottom is, JPMorgan has some good news. The bank sees companies continuing to buy back their shares, which could help stocks establish a bottom. “In the latest sell-off, JPM estimates 3-4x higher buyback executions than trend, which implies the corporate put remains active,”… Source link

January again saw inflation levels not seen in decades, with surging CPI expected once more for February. Among the areas getting hit the hardest by inflation is childcare. According to survey data released by UrbanSitter, 2021 saw babysitting rates jump nationwide. “There was an 11% increase in babysitting rates over the past year, outpacing inflation at 7%,” UrbanSitter’s report reads. “Given that rates rose just 3.9% from 2019 to 2020, this is a big increase. If you’re looking for a… Source link

Rivian’s stock has an electric amount of upside potential.  At least that is the good word from top Wall Street auto analyst at Morgan Stanley Adam Jonas.  The often headline-making Jonas — known for his bullish calls on Rivian rival Tesla — thinks Rivian’s stock warrants at least a 160% surge from levels he believes are overly depressed. “An IPO that preceded the December market top, the reality-check of supply chain bottlenecks (normal in auto land, perhaps not normal in tech land), and… Source link

Retail theft is soaring across the U.S., with large chains like Best Buy (BBY) and Walgreens (WBA) beset by increasingly brazen and widespread instances of shoplifting that’s hurting their bottom lines. In recent weeks, reports of “smash and grab” robberies in major cities — featuring crowds of thieves making it off with electronics, clothing and footwear, have flooded social media.  Security experts cite a litany of reasons including fallout from the COVID-19 pandemic, overwhelmed law… Source link

Ingesting 300 milligrams of caffeine before 6:00 a.m. in one shot may be about to get much costlier.  And you could blame inflation in aluminum, and energy drink leader Red Bull.  “A price increase would be preferable, and meaningfully favorable for trading in Monster shares, but we believe Monster remains committed to following Red Bull (we ascribe a slightly greater than 50/50 likelihood that Red Bull takes price, with an announcement needed before year-end),” said Stifel analyst Mark… Source link

Amazon’s stock (AMZN) has been stuck in the penalty box for most of 2021 as investors see what new CEO Andy Jassy has up his sleeves and the company’s growth slows after a big 2020 as people shopped more online at the height of the pandemic.  Veteran tech analyst Mark Mahaney of EvercoreISI thinks Amazon’s stock has a ways to go before it begins a sustained upward ascent.  “Amazon’s stock is waiting for an unlock,” Mahaney said on Yahoo Finance Live. “Amazon is going into another investment… Source link

Bloomberg Iran Gears Up for Return to Oil Market as U.S. Talks Advance (Bloomberg) — Iran is preparing to ramp up global oil sales as talks to lift U.S. sanctions show signs of progress. But even if a deal is struck, the flow of additional crude into the market may be gradual.State-controlled National Iranian Oil Co. has been priming oil fields — and customer relationships — so it can increase exports if an accord is clinched, officials said. Under the most optimistic estimates, the country… Source link